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The agreement is said to demonstrate an “enthusiastic commitment to delivering high quality services” for residents and visitors to the district.

It outlines significant improvements to local facilities through invest-to-save projects including an extensive refurbishment of Skegness Embassy Fitness Suite that will take place over the coming months.

Mark Humphreys, chief executive at Magna Vitae, said: “We are naturally delighted that East Lindsey District Council have supported our vision for the next five years.

“The ambitious plans we have outlined mean that local residents will soon benefit from improved services and facilities, particularly at Skegness Pool and Fitness Suite, where work will begin shortly.

“We would like to thank the council for their ongoing support and look forward to working with them and our other partners for the coming years.”

The business plan sets a roadmap for greater flexibility for Magna Vitae and significantly reduced reliance on the district council for funding as part of the council’s transformation programme.

Councillor Graham Marsh, deputy leader of the council and executive member with the portfolio for partnerships, said: “We are pleased to be associated with Magna Vitae’s new five-year business plan which is ambitious and forward looking.

“It will help to deliver the council's priorities in healthy lifestyles and will improve health and wellbeing for our residence.

“The council faces significant financial challenges ahead. Working with partners like Magna Vitae, we aim to not only secure current services, but actually improve them whilst reducing the cost to the council.”